IndyCar CEO sounds off about team owners, Hunter-Reay move
IndyCar CEO Randy Bernard says despite fans' desires, team owners must have their voices heard regarding the new car set-up to be rolled out in 2012.
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Farm Bureau suit says Walmart TV set Hoosier’s house on fire
A southern Indiana man got more than he bargained for when he bought a low-price TV from Walmart. He says the television set his house on fire.
WellPoint replaces chief accounting officer Miller
Health insurer WellPoint Inc. said its chief accounting officer has been removed immediately "without cause" and replaced with a veteran company executive.
Cultural Trail names executive director
Indianapolis Cultural Trail Inc. has hired its first executive director, Karen Haley, who was also the first director of the city’s Office of Sustainability.
Residential
On a seasonally adjusted basis, the pace of mortgage loan activity increased 1.1 percent for the week ended May 20, according to the Mortgage Bankers Association. The rate for 30-year mortgages increased to 4.69 percent from 4.60 percent the previous week. The rate for 15-year mortgages increased to 3.78 percent from 3.75 percent.
Work to begin on rare Washington Township home sites
The transformation of a wooded ravine immediately north of Park Tudor School into an 11-lot gated community will bring to market a rare commodity: a cluster of new-home sites in densely populated Washington Township.
Honda set to bump up production, except in Indiana
Honda's North American factories will return to near-normal production at most plants in August, the company said Thursday. However, full production of the Honda Civic, which is built at plants in Indiana and Ontario, might not resume until the end of the year.
Life sciences logistics firm opens new tissue storage facility
BioStorage Technologies’ $4.6 million facility, located near the Indianapolis International Airport, will be used to prepare, store and transport tissue and blood samples.
Speedway’s new generation makes mark
While the Indianapolis Motor Speedway revels in its centennial this month and motorsports aficionados take a nostalgic look back, the next generation of heirs to the Hulman George fortune has its eyes firmly fixed on the future.
Total pay for executives surged in 2010
Total executive compensation at Indiana’s largest public companies continued to rise sharply coming out of the recession, even though many of them have yet to erase the red ink in their shareholders’ portfolios.
CEOs see stock windfall after market crash
Executives at Indiana’s public companies got rich in the down-and-up market, even when investors didn't. CNO Financial's Jim Prieur, for example, received stock grants now worth $4.4M, despite share prices that are 40 percent lower than three years ago. With searchable database.
Circle Centre can survive Nordstrom exit, experts say
Anchor store Carson Pirie Scott negotiated a new lease in January, giving the downtown mall added stability at a key time.
INDOT seeks public input for state’s rail transportation plan
Freight and passenger rail are subject of long-range planning events.
Indianapolis among six cities to watch for emerging technology
New York, Boston, Chicago, Austin and Boulder, Colo., also cited.
Kanaan, Carpenter items boosting Indy 500 merchandise sales
Consumers open wallets for drivers who aren’t front-runners this year.
Lululemon Athletica, Five Below to open Indianapolis stores
Yoga apparel specialist, store geared toward teens plan local presence.
Indianapolis Symphony ventures into Zionsville
Horse farm owner Elizabeth Johnson extended an invitation to play, and local businesspeople and volunteers have been selling concert tickets.
LOU’S VIEWS: Urbanski impresses during weekend with symphony
While his official tenure doesn’t begin until September, Krzysztof Urbanski’s unofficial coming-out party came May 20-21 when he led the Indianapolis Symphony Orchestra for the first time since being named music director.